The monthly publication of the Real Estate Investment Climate Index in Germany for July 2009 increased for the 8th consecutive month by 7.5% from 58.9 to 63.3. This is mainly based on the investment climate whereas the second part of the index measuring the earnings climate remained nearly unchanged compared to June 2009.
Looking at the real estate market segments the residential market is the only one with index values above 100 at 116.2 rising from 111.2 in the previous month. The highest increase was in the office market by 12.6% now at 43.2. Retail grew by 5.4% to now 61.3.
This index is published by King Sturge monthly parallel to those from ifo and Gfk which can be found in this blog as well.
The overall picture for the developments in Germany in July 2009 looks promising:
Business Climate - up link
Consumer Climate - up link
Unemployment - lower than feared link
Experts are still expecting for these market perceptions to take some time to produce real recovery in the economy.
For support in the identification of the right investment targets please visit our website at www.berlin-portfolio.com. Especially for international Private Investors and Property Funds we provide a task force service for quick reaction to interesting opportunities.
We provide independent support for the property search including foreclosure or auction properties and their valuation or appraisal. (Also see our free property market Research Service)
Please use this link to the contact facilities provided there to place any requests .
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